CIH(SH:600715)2024-10-30 11:53Financial Performance - The company's operating revenue for the third quarter was 91,800,435.12 RMB, a decrease of 46.64% compared to the same period last year[2]. - The net profit attributable to shareholders of the listed company for the third quarter was -206,144,557.36 RMB, with a year-to-date net profit of -397,717,298.87 RMB[2]. - The company experienced a 31.85% decline in year-to-date operating revenue, primarily due to the slow recovery of the cinema industry[8]. - Total operating revenue for the first three quarters of 2024 was CNY 306,394,470.52, a decrease of 31.8% compared to CNY 449,617,440.13 in the same period of 2023[17]. - Net profit for the first three quarters of 2024 was a loss of CNY 401,675,341.56, compared to a loss of CNY 139,634,318.43 in the same period of 2023[18]. - The net profit attributable to the parent company was -397,717,298.87 CNY, compared to -137,202,446.22 CNY in the previous period[19]. - The total comprehensive income attributable to the parent company was -393,817,298.87 CNY, down from -134,844,555.19 CNY year-over-year[20]. Assets and Liabilities - The total assets at the end of the reporting period were 2,605,531,030.52 RMB, down 13.31% from the end of the previous year[4]. - The company's total assets decreased from CNY 3,005,499,537.01 in the previous year to CNY 2,605,531,030.52 in the current year[16]. - Total liabilities slightly decreased from CNY 4,153,578,053.16 to CNY 4,151,384,888.22 year-over-year[16]. - The company's total non-current assets decreased from CNY 2,398,960,348.75 to CNY 2,236,542,218.53[15]. - The company's equity attributable to shareholders was -1,431,298,282.88 RMB, indicating a significant decline[4]. - The company's total equity attributable to shareholders decreased from CNY -1,037,480,984.01 to CNY -1,431,298,282.88 year-over-year[16]. Cash Flow - The net cash flow from operating activities for the year-to-date period was 27,802,645.36 RMB, reflecting a decrease of 68.93%[2]. - Cash inflow from operating activities was 342,350,400.73 CNY, a decrease from 498,581,512.30 CNY in the previous year[21]. - The net cash flow from operating activities was 27,802,645.36 CNY, down from 89,497,736.21 CNY year-over-year[23]. - Cash inflow from investment activities totaled 44,785,745.52 CNY, compared to 6,957,333.79 CNY in the previous year[23]. - Cash outflow from financing activities was 105,369,606.99 CNY, compared to 753,870,381.19 CNY in the previous year[23]. - The cash and cash equivalents at the end of the period were 107,263,689.53 CNY, up from 84,713,828.45 CNY in the previous year[23]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 41,314[9]. - The largest shareholder, Beijing Cultural Holdings Co., Ltd., holds 377,389,466 shares, accounting for 20.35% of the total shares[10]. - The company has a total of 187,000,000 shares pledged by the largest shareholder[10]. Inventory and Receivables - The company reported a decrease in accounts receivable by 66.69% year-to-date, as part of efforts to reduce liabilities[7]. - The accounts receivable decreased to 64,963,801.61 RMB from 195,033,162.29 RMB in the previous year[14]. - The company's inventory decreased by 45.91% year-to-date, attributed to the release of produced films[7]. - The inventory as of September 30, 2024, is 80,484,486.22 RMB, down from 148,791,278.01 RMB[14]. Gaming Business - Internet gaming business revenue for the first nine months of 2024 is 97.40 million RMB, a decrease of 25.26% compared to 130.32 million RMB in the same period of 2023[12]. - The total registered users for the game "Attack on the Three Kingdoms" reached 27,982.1 thousand, with 31 thousand paying users[13]. - The marketing expenses for the internet gaming business in the first nine months of 2024 are 11.71 million RMB, representing 0.12% of the revenue[12]. - The company is focusing on expanding its gaming business despite the revenue decline, indicating a strategic shift towards user engagement and retention[12]. Expenses - Total operating costs for the first three quarters of 2024 were CNY 487,454,345.27, down 22.0% from CNY 624,622,206.66 in the previous year[17]. - Research and development expenses for the first three quarters of 2024 were CNY 32,865,064.00, down from CNY 41,709,505.99 in the same period of 2023[17]. - The company reported a significant increase in financial expenses, with interest expenses rising to CNY 118,387,417.16 from CNY 131,467,863.48 in the previous year[17]. Earnings Per Share - The basic and diluted earnings per share for the third quarter were both -0.11 RMB, compared to -0.21 RMB in the same period last year[4]. - Basic and diluted earnings per share were both -0.21 CNY, compared to -0.07 CNY in the same period last year[20].